Bitcoin Cash has been moving steadily down the charts over the past few days, with BCH likely to see more of the same in the near-term. While a break out of its downtrend was possible in the coming days, the same wasn’t visible on the charts yet. Finally, Algorand’s market appeared undecided in the short-term,...Read More
Litecoin formed a bearish pattern and could be poised to drop lower while Tron registered slight gains in recent hours on a bounce off support. Algorand was retracing after a downward move, and a strong rejection at an important level of retracement could signal that its short-term bounce was at an end. Litecoin [LTC] Source:...Read More
Bitcoin’s dominance, at the time of writing, was noted to be 64.92, with the figure relatively unchanged over the past 24-hours as Bitcoin and the rest of the market noted losses after a period of strong movement. Algorand and Enjin had some way to go before they could reverse their long-term trend, but they were...Read More
The past few days saw increased price activity for most cryptocurrencies triggered by Bitcoin’s price rally past the key $15K level. This positive price momentum has translated well for key altcoins like Bitcoin SV, EOS, and Algorand. During the course of the past 48-hours coins like Algorand surged by up to 27 percent on the...Read More
Ethereum rose from $380 to $399 on the charts and was knocking persistently on the doors of $400. Ethereum surging past $400 could revitalize the altcoin market, but Bitcoin’s movement will also have a significant say on the market. Further down the crypto-ladder, Stellar Lumens noted steady selling pressure, while Verge registered a bullish divergence...Read More
Ethereum, the biggest of the altcoins, dropped beneath $400 and could signal further, marketwide losses while Bitcoin stayed well above $13,000. Cardano exhibited a bullish divergence, however, bearish momentum held sway and only a bounce can be expected before a move to the downside. Algorand was in a short-term rally that was likely to fade...Read More
At the time of writing while bearishness on the charts from the morning lows was visible, price recovery attempts towards the second half had also started. The bearish sentiment in EOS quickly turned into a strong price recovery move, with EOS bulls regaining control of the short-term market. Algorand’s recovery still not as strong, but...Read More
Bitcoin’s bullish momentum was not shared by the altcoin market. Stellar Lumens was noting bearish momentum in the short-term and it could touch $0.82 over the next few trading sessions. Algorand retested a level as resistance and could be set to see further losses on the charts. Further down the crypto-ladder, Enjin Coin strengthened its...Read More
The Crypto Fear and Greed Index noted a reading of 73 at press time as Bitcoin surged towards $13,000 and momentarily saw many large-cap altcoins follow suit. While Tron attempted to reverse its downtrend as it appeared to break past its trendline resistance, the bears were quick to enter the fray. Further, Algorand might face...Read More
The figures for Bitcoin flowing into exchanges were below their 90-day average this week, with a drop in supply seen as a bullish sign for the world’s largest cryptocurrency. Further down the crypto-ladder, however, EOS could not hold on to the recent gains it made, while Algorand was forced to drop to a region of...Read More
The entire digital assets market lately has been a sort of rollercoaster ride over the last week. The largest altcoin Ethereum noting successive drops over the last few days could finally be in for a bull run. The Algorand market displayed mixed signals of buying and selling sentiment. While expectations around a bullish break out...Read More
Despite talk of an altseason rearing its head a few months ago, it would seem now that most of the market’s altcoins have reverted back to following Bitcoin’s lead. The world’s largest cryptocurrency fell below $11k in the first week of October, following which, BTC was quick to climb and hold a position above the...Read More
Bitcoin Dominance has slowly decreased in the past few days, from 59.99 to 59.69 at press time. Bitcoin surged from a low of $11,250 to a high of $11,750 in the past couple of days. Source: CoinStats The higher lows Bitcoin sets could see a bullish scenario develop for the altcoin market as well. Litecoin...Read More
Tron could be set to continue its downtrend on its charts, despite the fact that the sentiment around many altcoins appeared to shift to the bullish side. The Crypto Fear and Greed Index noted a neutral reading of 52 at press time, compared to the previous day’s ‘greedy’ value of 55. Further, while Algorand looked...Read More
The fear in the crypto space spiked in tandem with a drop in the stock market. Crypto Fear and Greed Index was at 43, compared to the previous day’s 47. However, Bitcoin’s outlook remained healthy in the long run. Crypto.com Coin’s charts suggested no change in its bearish outlook, nor did Stellar Lumens. Algorand formed...Read More
A mixed start to the day was seen in the altcoin market with a spike in selling pressure observed in most digital assets in the afternoon session followed by some good gains. Tezos was seen consolidating in a symmetrical triangle pattern in the daily chart. While XRP and Algorand both were seen rising to their...Read More
Most of the market’s altcoins registered decent price recovery towards the end of September. Over the past 24-hours, however, in response to Bitcoin’s negative momentum, the crypto-market tumbled again, wiping out most of the gains made previously. Interestingly, at the time of writing, the bearish sentiment for the market’s altcoins seemed to be nearing an...Read More
Bitcoin made another attempt at $11,000 but couldn’t reach past $10,856 before facing rejection. At press time the coin was being traded at $10,727 after having seen a minor hike of 0.33 percent in the past 24-hours. Source: CoinStats Litecoin surged above a level of resistance and could continue to rise in the coming hours...Read More
Cardano showed a bearish divergence on the charts that played out in the near-term and saw the price drop toward $0.1 once more. Monero registered some selling pressure beneath an important level of support. Algorand showed signs of bullishness and could be set to register good gains in the coming days after a break out...Read More
Monero was moving within an ascending channel at press time, but it might face stiff resistance at and just beyond the $100-mark. Algorand has shown bullishness over the past few days and looked poised to see another hike in the next few trading sessions. DigiByte’s charts pointed to a lack of momentum in the near-term,...Read More
Ethereum bounced off its level of support, but this bounce did not hint at a reversal in downtrend from the $481-highs of late-August. It is likely that this bounce will reverse itself in the coming days. Further down the crypto-ladder, Algorand broke out of its bearish trend and could be primed to surge upwards. Decred...Read More
The altcoin market continued to see red as Bitcoin, the world’s largest cryptocurrency, traded just under the $11,000-mark, with an eye on $11,200. Further down the crypto-ladder, Tron has been trending south recently, with TRX likely to continue to do so, alongside Algorand. Compound, however, noted a bullish divergence and a bounce can be expected...Read More
After surging to new local highs last week, Binance Coin retraced some of its gains recently. In fact, it looked poised for a drop in the short-term, despite the fact that the demand for the crypto-asset has grown as more DeFi projects commenced operations on Binance’s Smart Chain. EOS continued to trade just beneath its...Read More
Bitcoin continued to surge and was trading at $10,825 at the time of writing. The sentiment around cryptocurrencies shifted from fear to neutral, as the Fear and Greed Index showed a reading of 47. A strong Bitcoin did not alter the fate of Cardano and IOTA which showed a lack of momentum in the markets....Read More
Stellar Lumens registered a brief uptrend on the charts, before slumping. XLM, at the time of writing, needed to resume setting higher lows to inspire any bullish confidence. EOS too lacked a definite direction, exhibiting a lack of momentum over the past few days with its bearish outlook. Further down the charts, Algorand also showed...Read More
While Bitcoin had been threatening to fill the CME gap at $9,600, at the time of writing, it seemed like BTC might stay clear of the gap, with the cryptocurrency trading under its resistance level at $10,400. Bitcoin SV could be headed south to touch its support level, while Algorand showed signs of consolidation above...Read More
Cardano has been showing a lack of momentum in the market in the past couple of days, and it could continue as price consolidated between important levels of support and resistance. Ontology showed it might be ready to breach and hold the nearest level of resistance. Algorand also showed signs of neutrality as traders opted...Read More
Cardano exhibited bearishness in its short and long-term outlook. In fact, it is likely that the crypto-asset will see another drop of close to 20% in September. Further down the cryptocurrency ladder, Algorand‘s price bounced a bit, but could be headed down south once more. Dash was trading above an important level of support on...Read More
Bitcoin Dominance dipped to 59.7 as Ethereum surged to $444. Bitcoin Cash showed signs of continued bearishness. Zcash could be gearing up to flip a resistance to support. Algorand was trading at a level that buyers and sellers were evenly matched at. Bitcoin Cash [BCH] Source: BCH/USD on TradingView BCH showed continued bearishness. It has...Read More
Bitcoin SV had been on a downtrend for the better part of August; Algorand showed signs of lowered volatility and pointed toward consolidation. Steem registered large moves both upward and downward, and indicated where good trading opportunities were. Algorand [ALGO] Source: ALGO/USDT on TradingView ALGO set a local high at $0.75, but was forced back....Read More
